The village chief said 11.07 market analysis, what to watch this week and what to watch today

Preface

Last week, as the Federal Reserve signaled the end of its interest rate hike cycle, U.S. bond yields hit their biggest three-day drop since 2020, and the U.S. dollar index hit its biggest weekly drop since mid-July.

Entering November, there is a seasonal pattern. Since 1950, November is the month with the highest average return for U.S. stocks in a year, and November to December are the two months with the highest average return.

One explanation for the year-end strength is the spread of holiday spirit and "Santa Claus rallies"; another is "quirks" in mutual fund tax laws.

The non-farm payrolls data reassured the market that Wall Street is convinced that the Federal Reserve is not expected to raise interest rates. U.S. stocks recorded their best weekly gain in a year last week, with big players taking the lead and eager to take the plunge.

Market review

The pie was still half-dead on Monday, consolidating between 34600-35300, and this increase is getting smaller and smaller. This shows that the market is going to change this week. It will break through 36000 upwards and reach between 37000-38000, and it will be 32000-30000 downwards. Specifically, it will go up or down. To be honest, the editor thinks that I will look down first. Reason: The deeper you squat, the higher you can jump.

The second pie was a little stronger than the big pie on Monday, but it was only a little stronger. Instead, some old altcoins began to take turns to exert their strength, such as: Ripple, AAVE, Ethereum Classic, etc. The doomsday chariot slowly started, small I feel like I want to push back, I want to push back, I want to push back. Say important things three times.

Today’s highlights and this week’s views: This week’s views rose and fell

Let’s see if the pie can stabilize above 35,000 today, and then push higher again to see if it reaches a new high or a new high, and then starts the callback mode. The pie started the rising mode on October 19th and has not made a good correction so far. The more this happens, the more the editor is afraid that the correction will be strong. The first point is to look at 33600-32800, and then between 32000-30800. The copycat looks at the waterfall, how it rises and how it falls.

High altitude and low multiple, mainly high altitude, reason: the step back is not in place.

The second pie is stronger than the big pie today, but only a little bit stronger. It is estimated that 1914-1950 is about the same, and we will see 1720-1680 below. The article is a personal opinion and does not constitute investment advice.